Tailoring and design shop

Dorcas

Karene, Kenya

100% repaid

Entrepreneur

Name

Dorcas

Member since

April 2016

On-time repayments

242 installments  •  41%

About Me

I was born in kariene village where I grew in a family of five children. my father died when I was seven years and left my mother with poverty in which we grew in till I completed my form four attaining D plain grade. then a well wisher helped me to join a collage where I trained as dressmaker and a designer in the year 2008. After I completed my collage I stayed home helping my mother
At the village. However life became hard hence I decided to look for employment in the city Nairobi and found one in a relative tailor shop with salary 2,000 KES per montht. With salary I made savings for two year I bought sewing machine and opened my own tailoring and design shop where am earning a living from. besides am a mother of two with a loving husband from kisii county. My hopes are singing and dancing.

My Business

My business is a tailoring and design shop which mainly I deal with the production of all types of clothes men dress and women dress. Besides I make trending designs of clothes and uniforms in my shop. Currently the above clothing are available in my shop. I choose this business becouse of demand was high in my locality and because clothes are basic needs hence nobody can live without clothes.My business has been in operation for more than 5 years, my sale is more than 15,000kes per week from which i make a profit margins of not less 4,000 kes a week. The profits I make help me to pay my bill, reinvest back to my business and make some savings.

Loan Proposal

if you grant the loan i will add the stock in my shop as follows
buy 1. 4 rolls of cotton material @3,000 kes totaling to 12,000 kes
2. 2 rolls of lining material @2,500 kes totaling to 5,000 kes
3. pay rent of my shop 3,000 kes
total 20,000 kes
because current am making 2,000 kes profit with added stocck my profits will be increase to more than 4,000 kes per week hence be able to pay my loan, pay my bills and save some. my life and of my family will greatly be changed if i acquire this loan.

Feedback

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  • Margaret    Oct 12, 2017

    Dorcas paid her loan off perfectly, I would gladly lend to her again!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

May 10, 2016

Repayment status

On Time

Projected term

4 months

Lenders

The Zinc Team

San Francisco, United States

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Summary

Amount repaid

$210.00

Amount remaining

$0.00

Date repaid

Sep 14, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 22, 2016 $10.09 May 22, 2016 $10.09
May 29, 2016 $10.09 May 29, 2016 $10.09
Jun 5, 2016 $10.09 Jun 5, 2016 $10.09
Jun 12, 2016 $10.09 Jun 12, 2016 $10.09
Jun 19, 2016 $10.09 Jun 12, 2016 $10.09
Jun 26, 2016 $10.09 Jun 26, 2016 $10.09
Jul 3, 2016 $10.09 Jul 3, 2016 $10.09
Jul 10, 2016 $10.09 Jul 11, 2016 $10.09
Jul 17, 2016 $5.04 Jul 17, 2016 $5.04
Jul 24, 2016 $5.04 Jul 24, 2016 $5.04
Jul 31, 2016 $5.04 Jul 24, 2016 $5.04
Aug 7, 2016 $5.04 Aug 2, 2016 $5.04
Aug 14, 2016 $5.04 Aug 14, 2016 $5.04
Aug 21, 2016 $5.04 Aug 21, 2016 $5.04
Aug 28, 2016 $5.04 Aug 28, 2016 $5.04
Sep 4, 2016 $5.04 Aug 28, 2016 $5.04
Sep 11, 2016 $40.34 Aug 31, 2016 $40.34
Sep 18, 2016 $48.62 Sep 14, 2016 $48.62

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